Oct 9, 2012 6:00am EDT
numbers that they're using are given by the obama administration. >> i know ken has a question for you, but my only thought on this whole thing is, i don't know that i buy that 7.8% number. i don't think that's real. i don't know that it was politics necessarily. >> nobody buys it. >> he's saying it's the numbers given to the bls by the obama administration. there's a lot of assumptions. obama care, the cbo, you can't impugn the cbo for coming up with $1 trillion for obama care. it was the numbers they got, double counting taxes, all of these bells and whistles in obama care to get it to work out. >> right. >> hold on. for the past year one of the talking points that's been said on this show many times was that the unemployment rate was worse than when obama started, right, that was the point. now that the numbers have switched and i'm not suggesting the numbers were right to begin with. i'm saying there is an irony to it. >> the irony is that it happened the month before the election. it gets to the first time in his presidency it's been below where he started. >> every month there's
Oct 12, 2012 6:00am EDT
critical of the obama administration's handling of the economy. ron baron has been a partner from the beginning so we'll get a chance to hear about all of that. >>> all right at odds early and often, the two, joe biden and paul ryan fought over taxes, foreign policy and more in last night's vice presidential debate. there was laughing, there was smirking, there was interrupting, there were attacks from both sides, the democrats were looking for a spark from the vice president, while the republicans looked to capitalize on the momentum gain from mitt romney's first presidential debate, taxes were a driving force behind the economic portion of the debate. >> there aren't enough rich people and small businesses to tax to pay for all their spending, and so the next time you hear them say don't worry about it, we'll get a few wealthy people to pay their fair share, watch out, middle class, the tax bill's coming to you. >> we're arguing that the bush tax cuts for the wealthy should be allowed to expire. of the bush tax cuts for the wealthy, $800 billion of that goes to people making a m
Oct 10, 2012 6:00am EDT
cases. and i think having the bigger banks being held accountable. >> helps the obama administration too. >> well, definitely a political win in that sense. been begging for someone to walk out. >> none of this is what i think people really care or know about and when they look at the details, they don't understand it well enough. eventually that's the cheaper way to go. >> we know that they would never do anything, you know, deliberately to try and get reelected. >> you want to get the congresswoman? >> no, no. never do that. not to the chicago guys. in the old days, remember the kennedy -- used to buy votes and unions. >> he said he didn't want his father to buy a landslide. >> in west virginia. >> in west virginia. >> yes. >> that's where i'm from. >> in the '60s, you did it the right way. not all this subterfuge. >> congresswoman, thank you very much. >> thank you very much. >>> when we come back, could one senator push the u.s. over the fiscal cliff? we have a comment you can't afford to miss right after this. maybe new buildings? what about updated equipment? they can help, but rec
Oct 11, 2012 6:00am EDT
four years ago the month that the obama/biden administration was sworn into office we lost 720,000 jobs. and people talk about the recovery act but the month the recovery act passed, we hit bottom in terms of jobs, we now created 5.1 million new jobs. the other thing, becky, and you know the stock market, what was the month that the stock market hit bottom and started up again, the month we passed the stimulus bill. we have a long way to go. what's amazing to me, we have taken a major attack to our heart, second worst economic crisis since -- the first since the great depression and you just don't walk away from that and i think that we're still going away but i think this administration has done a lot and frankly when you look at what the governor and the congressman are promoting it's the same thing that really got us into this thing in the first place. >> senator, we have erskine bowles and alan simpson who are going to be interviewed by steve liesman today. >> yes, yes. >> what do you think about bowles-simpson and do you think it works its way into this debate today? >> i don'